DislikedSome of you folks know that USDCHF is correlated to E/U.
Let's see where we get to.Ignored
As such, looks at the moment like this could go higher, and if so, then the EU goes lower.
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DislikedSome of you folks know that USDCHF is correlated to E/U.
Let's see where we get to.Ignored
DislikedIt really depends on the time of day, and how far you have to go to get the stops. In thin market conditions 2-5 million leveraged 100:1 could probably move the market 20-30 pips to make a run at stops. Much more if volume is normal---at least 10 times that number. That is why when you see a stop run to + 50 pips during London/NY crossover, you just have to sit back and say "Wow", the heavy hitters were out today.Ignored
DislikedI don't know how else to explain it. Longs are liquidated, if that is what you mean. But when it is over the manipulators are neither long nor short...they just have the money.Ignored
DislikedUSD/CHF M30: Decidedly strong relative volume at the lows, which suggests switching to longs. Also strong relative volume on the bounce up off the Bollinger band basis (roughly equivalent to the Open price, though not shown). Trix signals above basis and crossed up, and BB pinch almost confirmed with PA moving like a breakout to the upside.....
As such, looks at the moment like this could go higher, and if so, then the EU goes lower.Ignored
DislikedI'm short since the break of the inside bar (240 min time frame) and in a normal situation I will not move my SL from 1.42...but... since we have non farm tomorrow and liquidity is thin I'm moving my SL to +1 pip and lets see what will happens.Ignored
Dislikedif it gets hit during nfp the spread could be very wide.. +1 will have little meaningIgnored
DislikedAgreed....but drawdowns for me are a NO NO or it goes my way or I'm out. Does not bother me to have a small loss but I moved my SL because the jerks will may use thin liquidity to screw people around and in this situation +1 is better than -60.Ignored
Disliked*L* you sound like a old timer. i thought you were newer.. 8 post screwed me.. my broker dont mind letting spread getting 30/40 pips at times.. its rare but it does happen..this is should be a volitile report.. if were over 10% look out below is my thought.. we got a possibilty of a see saw till then..with the other news..Ignored
Dislikedya ur rite ,today ve have good moves expected but what u think in which drections its take az ibit rate iz same ..... so what u sayIgnored